Finance

Electricity consumption typically is the second-largest cost incurred by indoor cultivation facilities.

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This week, the Madawaska Maliseet First Nation announced it will become the first reserve in New Brunswick to become a licensed producer of cannabis.

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“There has been an evolution and sophistication of different containers and packaging as the industry has evolved.”

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The medical marijuana dispensary that opened inside a former T-shirt factory in Bellmawr three years ago has moved into a modern new space across the street and is now the largest retail purveyor of cannabis on the East Coast.

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Israel-based NiaMedic is promising to offer conventional medical care alongside what company leaders describe as research-backed cannabis treatment aimed at seniors.

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Considering a career in the cannabis business? Now may be the time to take the plunge as licensed marijuana companies ramp up production and rush to fill jobs ahead of pot's legalization in Canada on Oct. 17.

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Nevada is skating past its first-year goals for recreational marijuana revenue.

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“Will people look for a brand of cannabis? Or will people look for a particular dispensary? Or a particular device? At the moment, many consumers are still learning how to approach the market, so things are very in flux."

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Another major beermaker is looking at ways to enter the marijuana business.

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Jobs are growing in the cannabis sector and the so are the businesses offering them.

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Together Pharma, a manufacturer of medical cannabis, joins forces with skincare firm Premier Dead Sea Cosmetics to create new line of products.

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Like the rest of California, the hospitality industry in the state has moved slowly and tentatively to embrace the use of cannabis on a widespread basis.

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A collective of Canadian organizations will present an open letter to the provincial and federal justice ministers  to sound the alarm on regulations that would stifle the country’s craft cannabis industry.

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Hershey Canada wants to be top of mind next time you get the marijuana munchies.

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When the wildfires ripped across California in October 2017, it was devastating for all industries, but the cannabis community was hit especially hard.

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Massachusetts Institute of Technology professor Scott Stern says the perception of marijuana in our culture is changing, and the mainstream opportunities are too hard to pass up.

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Vancouver-based company preparing dispensary staff to sell within the new legal framework.

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The Bay State cannabis market will likely reach around $1.8 billion and it will take years to develop the cultivation infrastructure necessary to meet the demand, according to a business executive in the emerging field.

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Aurora Cannabis Inc will buy rival MedReleaf Corp for C$3.2 billion ($2.51 billion) in the biggest deal yet to unify major Canadian pot growers, as the country moves toward legalizing marijuana for recreational use.

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Banks in New York should feel free to open accounts for medical marijuana and hemp business without fear of being punished by state regulators, Gov. Andrew Cuomo’s administration said on Tuesday.

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As an employer, you may have an obligation to accommodate employees who use marijuana for medical reasons, or you may want to relax your policies to cope with a talent shortage.

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Retail sales of medical and recreational cannabis in the United States are expected to hit $8 billion-$10 billion this year – a nearly 50% increase from 2017 – and rise as high as $22 billion by 2022.

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New numbers from Nevada’s Department of Taxation show the Silver State has made a jaw-dropping 110% of its expected revenue from marijuana sales in 10 months.

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After cannabis is legalized throughout Canada later this year, Canadians are expected to increase their consumption of the drug by up to 35 percent and spend as much as $7 billion on legal and illegal sales in 2019.

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Canada’s rapidly growing cannabis industry now dominates the global trade in legal marijuana, says a report from a Washington, D. C., data analytics firm.

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Rite Aid and other US pharmacies could soon sell a drug derived from cannabis.

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California lawmakers moved Wednesday to create a state-backed bank to handle the billions of dollars flowing from the newly legal recreational marijuana market.

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The largest growth is in states that legalized in 2016 and have had time to build up to the latest hiring sprees, but there are a few budding markets, too.

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Lagunitas, a Northern California brewery best known for its India Pale Ales, is branching out into sparkling water — with one special ingredient.

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Detroit will be home for several thousand marijuana enthusiasts and entrepreneurs this weekend when CannaCon hits the Motor City.

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Marijuana testing — a fixture at large American employers for at least 30 years — excludes too many potential workers, experts say, at a time when filling jobs is more challenging than it’s been in nearly two decades.

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California is on the verge of creating a first-of-its-kind safety net for marijuana retailers to deposit cash gleaned from legal pot sales.

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Like any business, the cannabis industry has a unique set of risks and exposures to account for.

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